Laurens Cornelis: what changed
Laurens Cornelis
Largest movements
- Tangible fixed assets +€12,634
up €12,634 (+20.6%), from €61,237 to €73,871
of which Land and buildings: +€21,207
- Cash +€7,062
up €7,062 (+1,112%), from €635 to €7,697
mainly Other debts (+€33,940) and Depreciation (+€17,123)
- Other debts +€33,940
up €33,940 (+58.4%), from €58,117 to €92,057
- Profit (loss) carried forward -€12,975
new in 2025: -€12,975
- Depreciation +€8,844
up €8,844 (+107%), from €8,279 to €17,123
- Gross operating margin -€5,266
down €5,266 (-54.6%), from €9,649 to €4,383
- Taxes -€453
down €453, from €450 to -€3
- Other operating charges +€117
up €117 (+239%), from €49 to €166
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €62,388 | €82,903 | +€20,515 | +32.9% |
| Fixed assets | 21/28 | €61,237 | €73,871 | +€12,634 | +20.6% |
| Tangible fixed assets | 22/27 | €61,237 | €73,871 | +€12,634 | +20.6% |
| Land and buildings | 22 | - | €21,207 | +€21,207 | |
| Plant, machinery and equipment | 23 | - | €957 | +€957 | |
| Furniture and vehicles | 24 | €61,237 | €51,707 | -€9,530 | -15.6% |
| Current assets | 29/58 | €1,151 | €9,032 | +€7,881 | +685% |
| Amounts receivable within one year | 40/41 | €516 | €649 | +€133 | +25.8% |
| Other amounts receivable | 41 | €516 | €649 | +€133 | +25.8% |
| Cash at bank and in hand | 54/58 | €635 | €7,697 | +€7,062 | +1,112% |
| Deferred charges and accrued income | 490/1 | - | €686 | +€686 | |
| Total equity and liabilities | 10/49 | €62,388 | €82,903 | +€20,515 | +32.9% |
| Equity | 10/15 | €3,821 | -€9,154 | -€12,975 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €821 | €821 | = | 0.0% |
| Distributable reserves | 133 | €821 | €821 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€12,975 | -€12,975 | |
| Amounts payable | 17/49 | €58,567 | €92,057 | +€33,490 | +57.2% |
| Amounts payable within one year | 42/48 | €58,567 | €92,057 | +€33,490 | +57.2% |
| Taxes, remuneration and social security | 45 | €450 | - | -€450 | |
| Taxes | 450/3 | €450 | - | -€450 | |
| Other amounts payable | 47/48 | €58,117 | €92,057 | +€33,940 | +58.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,279 | €17,123 | +€8,844 | +107% |
| Other operating charges | 640/8 | €49 | €166 | +€117 | +239% |
| Gross operating margin | 9900 | €9,649 | €4,383 | -€5,266 | -54.6% |
| Operating profit (loss) | 9901 | €1,321 | -€12,906 | -€14,227 | |
| Financial charges | 65/66B | €50 | €72 | +€22 | +44.0% |
| Recurring financial charges | 65 | €50 | €72 | +€22 | +44.0% |
| Profit (loss) for the period before taxes | 9903 | €1,271 | -€12,978 | -€14,249 | |
| Income taxes | 67/77 | €450 | -€3 | -€453 | |
| Profit (loss) for the period | 9904 | €821 | -€12,975 | -€13,796 | |
| Profit (loss) for the period to be appropriated | 9905 | €821 | -€12,975 | -€13,796 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.